COPP vs. HG=F
Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and Copper (HG=F).
COPP is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Copper Miners Index - Benchmark TR Net. It was launched on Mar 4, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPP or HG=F.
Correlation
The correlation between COPP and HG=F is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
COPP vs. HG=F - Performance Comparison
Key characteristics
COPP:
34.03%
HG=F:
21.64%
COPP:
-27.08%
HG=F:
-62.54%
COPP:
-27.08%
HG=F:
-19.91%
Returns By Period
COPP
N/A
-9.53%
-14.72%
N/A
N/A
N/A
HG=F
5.66%
-0.19%
-10.13%
5.24%
7.75%
3.55%
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Risk-Adjusted Performance
COPP vs. HG=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Copper (HG=F). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDrawdowns
COPP vs. HG=F - Drawdown Comparison
The maximum COPP drawdown since its inception was -27.08%, smaller than the maximum HG=F drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for COPP and HG=F. For additional features, visit the drawdowns tool.
Volatility
COPP vs. HG=F - Volatility Comparison
Sprott Copper Miners ETF (COPP) has a higher volatility of 6.94% compared to Copper (HG=F) at 3.77%. This indicates that COPP's price experiences larger fluctuations and is considered to be riskier than HG=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.